Brief: SD Standard Drilling cancels revolving credit facility

SD Standard Etc

17/02/2017 06:08

Feb 17 (Reuters) - SD Standard Drilling Plc  SDSD.OL : 
    * Says has due to successful private placement of about 198 million 
Norwegian crowns ($24 million) sufficient funds for operations going forward 
 urn:newsml:reuters.com:*:nObiJTc7ra 
    * Says has together with Saga Tankers ASA agreed to cancel revolving credit 
facility of $10 million 
    * Says has had no cost or expenses related to revolving credit facility 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nObiHpTjHa 
     
 Further company coverage:  SDSD.OL   
    
 
 
 
($1 = 8.2855 Norwegian crowns) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))